Bitcoin Trading in Bangladesh: What’s Allowed, What’s Not, and How People Still Do It

When you hear Bitcoin trading Bangladesh, the practice of buying, selling, or holding Bitcoin within Bangladesh despite legal restrictions. Also known as crypto trading in Bangladesh, it’s not a legal financial activity—but it’s one of the most widespread underground economies in the country. The Central Bank of Bangladesh banned all cryptocurrency transactions in 2017, calling them illegal and threatening jail time for violators. Yet, by 2025, over 3.1 million Bangladeshis are actively trading Bitcoin and other digital assets—mostly through peer-to-peer networks and stablecoins like USDT. How? Because the system they’re replacing—banks, remittance services, and currency controls—is even worse.

This isn’t about speculation. It’s survival. Families rely on Bitcoin and USDT to receive money from relatives working abroad. Traditional remittance services charge up to 15% in fees. With P2P crypto, that drops to under 2%. The stablecoin remittances, the use of dollar-pegged digital tokens like USDT to transfer value across borders without banks. Also known as crypto remittances, it’s the backbone of this hidden economy. You won’t find ads for it. You won’t see it on TV. But in Dhaka, Chittagong, and Sylhet, WhatsApp groups and local Telegram channels are full of buyers and sellers meeting in person or using escrow services to swap cash for crypto. The peer-to-peer crypto Bangladesh, direct person-to-person trading of cryptocurrency without intermediaries like exchanges. Also known as P2P crypto, it’s the only way most people can access Bitcoin legally in Bangladesh. And it’s working. Bangladesh ranks 35th globally in crypto adoption—higher than many countries where crypto is fully legal.

But it’s not risk-free. The government still arrests people for crypto trading. Banks freeze accounts linked to crypto activity. Scammers pretend to be buyers and take cash without sending crypto. That’s why users rely on trusted local networks, verified sellers, and small transaction sizes. The real winners? People who send money home. The real losers? The banks and remittance companies that charge too much and move too slow.

What you’ll find below are real stories and facts about how Bitcoin trading survives in Bangladesh—not as a trend, but as a necessity. You’ll see how users bypass the ban, what tools they use, and why this underground system isn’t going away anytime soon. This isn’t about getting rich. It’s about staying connected, staying fed, and staying in control of your own money.